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about abortion and also the chamber of commerce and the degree they care about -- >> i just want to see one democratic president say i am the president who is devoted to the courts. i want to see -- i'm going to make that priority. >> we don't see that because of interest groups. >> you didn't see it in clinton or obama. >> they have identified this asymmetric polarization. the republican party moved further to the right. they threaten filibuster reform, the nuclear option when they have a majority and democrats haven't yet. >> excellent point. one counter example -- >> nominations, younger than the democrats. there's asemitrihere. >> a lot of people thought affordable care act was going to be this. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and
. did chief justice roberts do harm to our understanding of the commerce clause and take us back to an earlier era where he said no commerce clause -- >> i disagreed with that part of his ruling. i think that obama care law was easily a constitutional as an exercise of the power to regulate interstate commerce and as a tax and as a national defense measure, believe it or not. even for human rights. but here's one thing i will say on behalf of chief justice roberts. he didn't buy the argument all the way down the line. he upheld it. he joined liberals. it was not a total partisan 5-4 decision the way bush vs. gore was. i think he passed a test of principle. >> eliot: he's becoming a much fascinating, granularly interesting justice to watch. for many reasons he couldn't wipe the statute out. >> four justices were willing to do that on one sentence they didn't like. >> eliot: very quick. deal with justices breyer and kagan saying come over with me to the medicaid limitation? >> i do think on the other issue, it
with it. we have teamed up with the minnesota department of commerce to give back free, yes free, money. right in the middle of the mall. >> you guys want to find some money? >> reporter: there's just one problem. >> want some money? you sure. >> reporter: these skeptical shoppers don't believe us. >> we got thousands of dollars. millions of dollars. >> reporter: but they should. statistics show 1 in 10 of us have unclaimed money waiting. forgotten apartment security deposits. final paychecks that you didn't pick up and money left to you from loved ones. minnesota commerce department chair loves giving it back. >> you never know, it could be $1,000 or tens of thousands of dollars that's your money. >> reporter: katy westin is one of the doubters. can we change her mind? yes. with a nice find. $675 for from her extended family if other see the hubbub and start to line up at at the station. she searched her grandmother's name. >> 1625. >> reporter: wow. >> she's retired. >> reporter: jason bennett checked his mom's name and found $2,600 in insurance money. >> spend it on the grand kids. >
department of commerce to give back free, yes, free money right in the middle of the mall. >> you guys want to find some money? >> reporter: there's just one problem. >> do you want some money? are you sure? >> reporter: these skeptical shoppers don't believe us. >> you guys want to look up unclaimed property and see if you have any money waiting for you. we got thousands of dollars. millions of dollars. >> reporter: but they should. statistics show one in ten of us has unclaimed money waiting. it comes from things like forgotten apartment security deposits, final paychecks you didn't pick up and money left to you by loved ones. the states hold it for their citizens. minnesota commerce commissioner mike rothman loves giving it back. >> check, if there's nothing there, fine, but you never know. it could be a hundred dollars. a thousand dollars or tens of thousands of dollars that's your money. >> there you go. >> reporter: kathy westin is one of the doubters. can we change her mind? >> yes. whoo-h whoo-hoo. >> reporter: yes, with a nice find, $675 for her extended family. >> i'm very happy.
. especially we want stocks since allergan sales have been stable despite the weakness in global commerce. i think he laid out the story that would take the stock to $100 maybe it is headed there. second we get another one that we have been liking. gill ead. and we know that ubs believes the numbers here are too low. i think they are telling a compelling story about hepc. it might not be done yet. when you get these with the right stuff. you get the parabolic move. cell gene has a great pipeline. the news is good and i think it will be. i think they can make a run at new highs. because the ceo, in bob we trust. you have to be careful not to get swept up. that is true when we are talking about biotech names that can be too risky. presenting at 1:30 p.m. on wednesday. the stock up 100% today. that means no matter how good this one sounds, we never chase on "mad money." the same goes for the former up 95% for you. who says you can't make money in the stock market. these stocks are too hot to handle. they are going to get singed if not burned. does that mean we can't have anything that we don't
to the u.s. hispanic chamber of commerce here in l.a. both the president and the romney campaign have plans to shift their focus to the economy this week. romney's planned speech the u.s. hispanic chamber of commerce will talk about balancing the budget by eliminating nonessential federal programs and to cut down on federal employment through consolidation. he's promising to fix the imgreat lakes -- the immigration system with an emphasis on border control. >> trade has to work for america. that means crack down on cheaters like china and open up new markets. next, we have to balance the budget. cut the deficit. got to stop spending more money than we take in. >> speaking of china, the white house is asking the world trade organization today to stop china from putting unfair taxes on u.s.-made vehicles and in a second separate request stop china from financially undermining u.s. auto part exports. today is the one-year anniversary of the occupy wall street movement. protestors have already started to gather in the
of commerce about immigration policy. >> i will pursue permanent immigration reform and start by ensuring those who serve in our military have the opportunity to become legal permanent residents in the country that they fought to defend. >> eliot: but will likely to take more than that to swing voters into that column. 68% of latino voters favor the president. just 26% support mitt romney. last month's month was to get 30%, serve points better than john mccain managed in 2008. it doesn't seem likely. meanwhile, suffering a severe bout of finger pointing. in romney's foreign policy gaffe following the mob assault in libya. following an exclusive story stewart stevens is taking internal heat for the problems, and a campaign structure that has him acting as chief strategist speechwriter all at once. and taking heat about president's supporters earlier this year at a private fundraiser released today on the internet by mother jones. >> eliot: perhaps romney doesn't think that the 47% of the american people that he derides includes any of the people he says he wants to help in the latest ad. >
or a store or some sort of commerce. >> they talk about first strike advantage. we were discussing online today google trucks who go through the streets and take pictures of street views. there was one in our neighborhood the other day. google has had a lot of time to not only refine their images, but their algorithms, right? so you can put in -- snet of for monte brothers, you put in bros and it's going to find it for you, jim. >> i love the way my house in summit looks on google. >> is it bigger? >> truly, you might say it's bigger. remember that? >> yes. how can i forget? >> the place i have in mexico, it has three angles, i found in my irish public book they directed me to some of the best publics and i was never lost once. that's my kind of device. >> it is. now you're going to get to the eiffel tower. >> in ireland. >> it's going work out well for you. >> it's a lingering question, though. there's no question that the demand for the iphone 5 is strong. there's a question about whether people will be satisfied because of the lcd sources, sharp was one of the three suppliers of the lc
. aspercreme. >>> some good housing news today. housing starts are up. according to the commerce department. construction of homes and apartments was up about 2.3%. you have to seasonally adjust to get the real number, about 750,000. single family housing starts alone were up 5.5% to about 535,000. what asks all this mean? the best pace since april 2010, which is why the national association of home builders reported that build confidence is really good. the best since 006. which brings me to tonight's number. 71%. despite that seemingly good news, we are still 71% below the housing start high, which was in january 2006, and despite the increase, multifamily start, apartment buildings, were down and building permits, which are a very good sign of future construction, were also down. also, many of the would be buyers reported difficulty qualifying for the loans and down payments banks require. bottom line, the fed can keep interest rates really low. seems to not be the major part of the problem. >>> 32-year-old deanna cook called dallas 911 begging for help as her ex-husband attacked her in
angeles where romney spoke to the u.s. hispanic chamber of commerce. jim, today it looks like romney is reaching out to latino voters. >> reporter: that's right, joe. he's doing just that. but he's also according to his campaign unveiling some of the details of his economic plan. just as voters are starting to pay attention to this election. but there are new distractions out there. namely a campaign blame game that does not go over well 50 days before an election. after a week of gop handwringing over his response to violence in the middle east, mitt romney is rebooting his message, returning to the issue that has driven his campaign from the beginning. the economy. >> it's time for a president who's committed to cutting spending and balancing the budget. and i know how to do that. we balanced the bajt budget in my company and in the olympics. >> reporter: in a speech to the hispanic chamber of commerce, he offered remedies to the deficit he rarely talks about. the retooled approach is backed up with plain language in new ads. >> got to balance the budget. you've got to cut the defi
of commerce and trade, and about dealing with governments that are on the verge of becoming completely destabilized in the case of yemen, for example. >> i want to ask you about president obama's policy, but before we move on, what about mitt romney's foreign policy advisers? bob zellick, former head of the world bank, former deputy of state and treasury, who is supposedly in charge of the transition, i've been told is completely shut out of this conversation, steve hadley and others, who have worked under george w. bush, have not been consulted as far as we can tell, and the circle is pretty small. does mitt romney need to listen to more people? >> i would argue, andrea, at this point in the campaign, with weeks to go, you don't need a different circle your don't need to expand or broaden, you got to bring to the forefront everything you know as a candidate. it's you. it's your use of language, your instincts when it comes to interpreting crises as they arise and how we ought to be responding to it. so get specific, tie everything back to jobs here in the united states, because withou
hispanic chamber of commerce. you will be seeing that. his schedule has 3:15 p.m. eastern time, that's 12:15 pacific time. make sure you stay tuned. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. >>> the boy scouts of america is at the center of a scathing accusations that children are raped and molested and dozens of coverups. the los angeles times got ahold of confidential files known as the per version files. let's go to straight to one of the l.a. times reporters digging into the story. jason phelps joins us now on the phone. jason, this is just astounding to hear the headline on this. first of all, what is in these files and how are these kept quiet for so long? >> the boy scouts of america has been keeping per version files for almost 1
chamber of commerce today. president obama is firing back by linking romney to another figure who's somewhat better known, george w. bush and his tax cuts. here's the president in cincinnati today. >> they don't want to tell you their plan. the reason is because the plan they've got is the same one that they've been offering for decades. tax cuts. tax cuts. got a few regulations and then let's try some more tax cuts. tax cuts in good times. tax cuts in bad times. >> of course, the issue of trade is also front and center today. the president announced wto case against china for, in his view, unfairly subsidizing auto parts. he made that case to try to win votes from ohio workers. mitt romney himself is also proposed a crackdown on china is saying he declared currency manipulator on day one of his presidency. >> thank you so much. john harwood there. >> the dow down 5 5 points. looks like we may have another down monday. >> serving up holiday sales. mcdonald's delays its popular mcrib sandwich until late december. >> say it's not so! it's your favorite, maria! >> smart move or warni
. king has maintained a pretty healthy lead but the chamber of commerce knocked about 10 points off of kaine. standing in the polls just by talking about his record as governor especially when it came to spending and taxes. now republicans need to put something back on the table. the nrsc has gone up there to see if they can take this a race. and they need cynthia dill to get somewhere between 17 and 21 22%. the belief is most of kaine's voters are democrats anyway. but it gets -- the plot thickens. national democrats have pretty much disavowed cynthia. they want to see king win this race. >> bill: on the theory that he will caucus with them. >> yes. so if this race gets close, they are in a very awkward position. what do they do? do they get behind king? there would be many democrats disappointed to see that happen especially when the independent will not be a reliable vote. >> bill: a friend of mine just had a fund raiser for angus king here. and that explains. california, done. >> that's done. >> bill: nevada? shelley berkeley. >> shelley berkeley is the democrat,
the stock sell around, bump around, it does always does with apple. when they talk about e-commerce amounts, other features besides just the look of the phone will make a big difference and how you actually use the phone in the real world. >> wow, tough crowd. as we get more news on that we will bring it to you live from brian. >>> there seems to be a major disconnect meanwhile between what wall street wants this election in november and what they think they're going to get. senior economic reporters steve leisman is here with the results of cnbc's exclusive fed survey. >> simon, i was very surprised by these results. we threw this question in to gauge wall street's sentiment, figure out what they were preparing for when it came to the november election. we asked two questions -- who do you think will win the election? that was 46%-24%, that's about 2-1. then who do you want to win? 53%-18%. call that 5-2. pretty big percentage saying they don't know right now or are unsure. are americans better off than they were four years ago? only 40% of our 58% of respondents said yes. 49% saying no. w
after mitt romney addressed the hispanic chamber of commerce, anne, in los angeles. obviously, a group that the republicans have said they want to make some inroads against. how serious are those comments, do you think? >> oh, i mean, look, this is going to reverberate i think with all kinds of demographic groups. it's going to reverberate with working-class white people who don't pay taxes. it's going to reverberate with women, it's going to reverberate with military families. i don't think there's any group that in some way won't either hear about what he said or see themselves somehow reflected in it, but i agree with shira. i think that given their focus has been pretty intently on the base for all this time, usually you try to do two things -- you try to win the base, turn out the base and win, peel off some independents in the middle. they're going to have to re-double their efforts if they want to go to the middle again. >> i want to bring in david corn, washington bureau chief for "mother jones." good to see you. also, author of the book "showdown." david, give us a little back
. >> the irony is that earlier in the day he'd been talking to the hispanic chamber of commerce and he highlighted in his speech to the hispanic chamber of commerce the direly high unemployment figures for latinos and makes a joke if only i were latino i'd be doing better than i'm doing. at the very least, bad idea? >> it's a joke. he's used it before. he did on univision, where they were laughing and talking about, hey, you were born in, you know, your folks were born in mexico. so could you claim this? and so it's kind of a joke that's been going back and forth. but the key is, you look at barack obama, black americans are extremely proud to have him as president of the united states. one of their own, if you like. and they vote overwhelmingly, 90-some percent. and so the idea is, hey, maybe i could get a higher percentage of hispanics if i could claim that. and it's a joke. that's it. we all should be laughing and not be too concerned about this. >> you know, there was a while back in the beginning of the campaign in the primary process when i did an interview with mitt romney and w
setting, the hispanic chamber of commerce. bill: i think 11% is the unemployment rate nationally for latinos. if that number is right, then here is the next question we asked about improving the economy and creating jobs. president obama gets the clear nod at 59 to 33%. who do you trust handling immigration. again, 59 to 33%. why do they give president obama credit and not willing to go with governor romney on that. >> partisan identification among all groups has become powerful in this polarized era. there are two models. one successful, one not successful. the unsuccessful, bob dole and john mccain. the successful model george w. bush in for he got 40% of the hispanic vote. hispanics are growing every four years. this year thet be between 8 and 10% of the entire election threat thaeven electorate that turns out. he's doing the right thing but belatedly in reaching out to hispanics. governor barbour has said in the past couple of days this is the number one priority for republicans going forward to crash the hispanic vote. bill: this is also what we found in our polling. preside
" this morning, i have the article in front of me. the headline is u.s. chamber of commerce launches ads targeting main independent and democrats in montana and ohio. this is headed -- targeted right at you senator sherrod brown from the u.s. chamber. >> this could have been a front page -- two months ago. the chamber -- up to $18 million in television ads which doesn't count radio. i just went by an electronic billboard blaming me for high gas prices here in cleveland. it is the oil industry. they don't like me because of our oil tax breaks and the chinese interests and outsourcing interests are spending money against me because they don't like my position on currency and the big banks on wall street are spending millions against me because they don't like my legislation to break up the six big banks. they're trying to buy the elections and we're fighting back in a grassroots way. that's why earlier when i mentioned sherrodbrown.com, come on and help us because we win this on the grassroots level as does president obama win
chamber of commerce. what is the message, good morning. >> apart from just jobs and the economy and it's laser like focus that the romney campaign has had in recent months. they are making the argument that there is so much upheaval around the world and domestically as well that the framework of the election needs to change from jobs and the economy to a change of president on all fronts. the romney campaign saying that president obama amounts to a status quo reee hreb. i re-election. if change matters to the american people they should vote for mitt romney. romney will point out that president obama promised to make immigration reform a priority and he will suggest that that is yet another example of a broken obama promise. mr. romney will also go on and detail a little bit about how he would reform immigration law and the hispanic vote is obviously incredibly important not only in california but across the country. mr. romney trails by a 3% margin. in that regard mr. romney is off the pace. it's generally accepted that a republican needs to get well over the mid 30s in order to be tr
? we have a prime example right here in the center of america commerce. that's next. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios to meet the needs of my growing business. but how am i going to fund it? and i have to find a way to manage my cash flow better. [ female announcer ] our wells fargo bankers are here to listen, offer guidance and provide you with options tailored to your business. we've loaned more money to small businesses than any other bank for ten years running. so come talk to us to see how we can help. wells fargo. together we'll go far. charles: israel is always a lightning rod politically. but it's also become crucial place for investing, especially in pharma and high-tech. adam shapiro is live at the innovate invest israel conference in manhattan. adam, newscorp chairman and our boss rupert murdoch is speaking to kick this event off, huh? adam: he did kick the event off. he did speak to the people who have gathered here. actually quoting fr
law, a death nail for state businesses, that according to the california chamber of commerce urging governor jerry brown to halt the start of the new cap-and-trade program on november 14th, a billion dollars from businesses will be levied # according to the california air resources board. october 1st, if you stop in a san fransisco grocery store, be prepared for byob, bring your own bag. in an attempt to bring the environment together, you bring your own bag, or you're charged 10 cents. the cost of treating the scorpion bite in arizona is cheaper. hospitals lowers costs up to 80% for the anti-venom treatment after a woman was charged $83,000 for one doze. it's produced in mexico, sells for $100 a dose there, but $83,000 in arizona. that is your west coast minute. dennis? >> thank you, cheryl. there's a chill in the air, and i'm not talking about the first day of fall, tomorrow, but it's the upcoming third quarter earnings season that could give wall street a shiver. cheryl: moms bombarded for ads by diapers, formula, and toys, but now there's an adult friendly product on the demogra
as possible so we can create commerce, which is what we are designed to do. for smaller banks, they don't participate, they do the basics and make it easier for them to do what they do best. tracy: dodd-frank causing small businesses, small banks 25% more than they need to. thank you for being with us and sharing your thoughts. >> thank you very much, and pleasure to be here. dennis: the check is not in the mail. u.s. postal service to default on a huge pension fund payment making it the second-largest payment in two months and has missed some $5.6 billion paying in to pre-fund retiree health benefits. the post offices in 25 early in dollars every day. 5 billion june quarter in the 1 billion pieces. closing small branches. tracy: the post office of the most beautiful buildings, prime real estate. dennis: taxpayers funding everything. tracy: maybe somebody will send a card. the nfl referees are ready for some football. the refs are back, and hopefully no snafus like this one on monday night. keep it right here, live coverage of the nfl news conference this hour. dennis: chase government
is this. >> our customers are in several vert kls like social gaming, e-commerce, financial services and travel. i can only speak to the verticals in which we've participated. but we're seeing great success. especially in e-commerce with companies like fab.com. we're competing against google head to head with facebook and we're performing. and our ad spend, which is our fees, becomes ultimately our revenue is based entirely on that performance. you see our ad spend go down if we're not performing. >> when gm comes out and says it wasn't working for them, execution on their part? how does that disconnect s? >> you need to have the right creative. message, format of the ad. you need to have the right targeting. and you need optimization. facebook gives you so many ways to target. you could have thousands and thousands of combinations of creative and targeting. how do you know which one to bid up, bid down. you need software like ours. it's execution. >> gm, we knew in-house their advertising process was a little troubled. but you think they might have been blaming the wrong person? >>
definitely have some growth on the ground side which is typically driven by consumer activity around e-commerce so that is a secularly growing piece of their business. the manufacturing side when they preannounced early in september is really where they're citing most of the weakness and that impacts their express, which is kind of their higher revenue per piece move, higher margin moves in the air at least and that is part of the problem they're seeing, so it's a little bit of a two-fold situation with the consumer through e-commerce doing relatively well, the manufacturing side being softer, impacting express. >> we're trying to glean whether the economy itself, how much we can actually derive from what fedex is saying here about the overall economy, where kind of our theme today, we talked about the shock and awe from the fed, and whether ben bernanke and company actually knew something was worse than they thought or whether they're doing this because they have a dual mandate. do you think that the economy is worse than we think right now, christian, from fedex? >> sure i think from fedex as
a closer look at the beast while they keep a safe distance. the west yellowstone chamber of commerce condemned it, saying the people are lucky they didn't get hurt. >> brian: is that crazy! >> gretchen: it's a wild animal. >> brian: you should look out for bison. >> gretchen: and everything else >> brian: one time i went to adventure examine one of the monkeys brought my antenna. >> steve: on your transcystor radio? >> brian: no. >> gretchen: on your car? why was your toyota celica near a monkey? why were you driving a toyota? >> brian: i know. it was really good. it cost me 220. i had to drive through the park. that's where you go through the zoo. >> steve: dana is from the wild west. >> my grandfather would is said, get your rear end out of the way. but maybe not as, you know. >> steve: let's talk a little politics. the president of the united states got a gigantic dose of really bad news in the form of unemployment numbers that came out on friday, the day after his big speech down there in charlotte. only 96,000 jobs added. unemployment at 8.1%. the underemployment rate, which we
will address the u.s. hispanic chamber of commerce annual conference in los angeles. it may not be the friendliest of audiences. president obama is outpolling romney 2-1 among hispanic voters. >>> 50 days now until the election. and "saturday night live" has a new president obama. snl kicked off its new season with cast member jay pharaoh taking over the reins from fred armisen. >> so, america, i know you're not in love with me anymore. but i want you to know that my heart still beats for you. and i can prove it. ♪ i, so in love with you that was fun, right? so do you want that or this? ♪ e-i-e-i-o ♪ >> man is he good at president obama. >> he's great. black guy playing the black guy. that's an interesting thing. he looks really good. apparently they had to do his ears. i got little secrets from "snl." gave him bigger ears. if you look at his before and after, the makeover pictures, pretty good work they did. >>> we've got to take a break. still ahead this morning, probably not a good idea to post your favorite sports team on facebook if you're supposed to be a ref in
curve. online travel is a very large category. bigger than any other online e-commerce category combined. we're very focused on being the best place to plan and book travel. we've had a lot of success. we're established with over 100 million queries per month. we're fewer than 200 people. we innovate as well. a great place to be. >> one of the things that plagues you, will plague people about thinking of owning your shares longer terms, the question of google. it always comes up in interviews. they bought ita. therefore they own the company through which a lot of you are operating. we know that. that said, how have you learned to tell the story in a different way that reassures investors? because clearly that's what's happening here. it was in the s-1. now you're telling the story in a different way. >> i think google's got their hands full with apple and facebook and amazon and microsoft. >> they've got pretty big hands. >> they do have big hands. we've been competing with google since our inception. they're actually good partners of ours as well. they've had their flight search and the
enjoy. new signs the housing market is recovering, and in about 30 minutes the u.s. commerce department releases new numbers for august home sales. analysts are expecting sales to increase by 380,000 homes. that's up from july when sales increased by 372,000 homes. so should we all be dancing in the streets? our business guru christine romans is here to tell us. hi, kristine. >> good morning, carol. so nice to put one or two or three months of good housing news back to back and report it to you. at 10:00 we'll get the new home sales, and you just give the forecasts. why new home sales are so important because a new house means construction workers, it means people pouring concrete, truck drivers. it means people making the windows and the material to go into it, and then it means couches and carpeting and all of the things that come with buying the furnishings for a new home. so every new home is a little economic driver incredibly important. existing homes, the used homes we buy and sell, that's the bulk of all home sales, those have been showing signs of life, too, carol. for three mo
trade commission, when the department of commerce, when the white house, when the congress stands up, when we all stand up it makes a huge difference and the relationship will settle in in a way a bit more advantageous to the united states of america and to our manufacturing companies, the smaller ones especially, and the workers in this country. >> that's in some ways what you're saying, joe. it sounds like whatever is happening, it's working in terms of the appreciation of the chinese currency. quickly, ro. >> but i don't think it's let china appreciate the currency to the extent they want. it's having them have an exchange rate that's to the market and let's not forget, this is hurting people in china. it's hurting the consumers there at the expense of elite exporters. so if you care about human rights, if you care about being progressive, you ought to care about the chinese currency. >> i guess a real quick point. the brazilian finance minister this week attacked our federal reserve for decreasing the value of the dollar and he used this term currency wars which everyone has glom
markets relatively flat in europe overall. still some of the banks have rallied. commerce bank, deutsche bank, of course, tomorrow is going -- where the two co-ceos lay out strategy. that's important for people in new york disgruntled that the libor scandal hit there. an important one to watch tomorrow. we've spoken a lot about china on the program today. see some of those mining stocks rising in london. they are off earlier highs. greece is getting very interesting. troika arrived in athens over the weekend and rejected the $12 billion -- 12 billion euros of cuts on the ground there from the coalition party. the negotiations appear quite tense there. what is interesting, and this may have to do with the sort of comments we had out of the germans again over the weekend suggesting that a greek exit from the eurozone is not palatable, not what berlin wants. it's the degree to which some of the greek stocks again today have rallied. again, off our highs. the national bank of greece has done well. a lot of the banks in greece are doing well as people get more optimistic about the stability o
and commerce, and that's supporting our alliances, first and foremost, israel. and that's where it needs to be packaged. and i haven't heard a clear articulation on either side about how you begin to put those pieces together in the middle east. we all know it's broken, but at some point, we've got some work ahead in terms of putting the pieces together. >> ambassador jon huntsman, thank you very much. it's great to see you. >> thank you. >> it is great to see you. say hi to everybody. >> will do. >> could he have given obama a run? >> he tried. >> he tried. i mean, you know. you've got to win the nomination first. >> you've got to win the nomination first. >> yeah. >> i tell you what, you know what? he had a difficult launch. >> whatever. i guess it's not good coming from me. >> conservatives by the end of the campaign realized he had the most conservative record. but he just could never connect with the base. >> isn't it about winning? >> it is about winning. >> right. >> i mean, it's only about winning. >> i thought it was. >> it's only about winning. >> until now. >> it's only about
phone encrypted and protected with passwords. we think this is something that is just like e-commerce. it took a few years for people to feel comfortable with that. we think the more time, it will take people to realize that it is safer than carrying a normal wallet. >> let's talk about what is in it for lemon. how do you make your money? 50i78 assuming at some point you have to charge a business a subscription fee? how is revenue generated? >> right now, the service is free. we have it, a subscription with extra premium features for people who need very specific services. the way we see ourselves making money in the long-term is because we think the wallet is a very natural way for friends to connect with consumers. when it's at the right time and at the right place and in the right moment. >> apple, obviously, when they launched their new operating system chose not to do what they call nearfield communications, at least right now, which some say would have rocketed this whole sector even more than it already has been. were you disappointed by that? and do they almost have to do that
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